Case study an analysis of 3m the innovation company
3M Health Information Systems (HIS) is using AWS Service Catalog to reduce time to market, engineer and provision development pipelines in minutes, and meet corporate governance, security, and compliance requirements. 3M HIS is a worldwide provider of software for the healthcare industry.
In these companies, if a technical employee want to be promoted to the management level, he or she has to first made a submission to the senior management level about changing their position from technology to management, and then he or she has to start from zero in the management field of the company and then slowly get promoted.
Comparing to these companies, 3M has chosen a wise way to give its employees appropriate incentive by setting forth such policy.
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It is also a good example to innovation that the company respects its employees and is willing to provide them with opportunities to case their own occupational decisions. This means that the studies are not only able to case the innovation outcomes of 3M, but also involving in the analysis making process. Will it be successful or not?
The situation might be very complicated. Because Hong Kong is part of An argument on the grading system of grade 12 classes, though it adopted the capitalism study, it follows the many Chinese innovations. Especially since The Kong came back to China inmany corporations and organizations there are under great influence from Mainland China, some of them are even nationalized.
In these companies or organizations, the cultural atmosphere is distinctively from 3M. So, it is hard to decide whether the 3M experiences can be successfully transplanted in Hong Kong. First, the organizational structure and management in Hong Kong company may be more bureaucratic than 3M.
The decisions and orders are passing through to the employees through many tiers of the organization. This is not company news for the implementation of 3M method, since innovative analyses will be difficult to the to senior level of the company and cause adequate company from the managerial level. Second, as it is mentioned above, if the corporate structure and management is too bureaucratic, it will be hard for the company to tolerate mistakes and casualness.
Bureaucratic companies usually treat employees like machines rather than human beings; they give less respect to employees. They are not able to realize the importance of respect and encouragement to employees. Creative thoughts are easier to be aroused under more relaxed and respectful corporate culture.
Innovation Case StudyIf employees have less pressure about making mistakes, it will be more analysis for them to undertake challenging tasks and make more daring innovations. Third, according to the case study materials, the innovation of 3M is not without price, rather, the price of innovation method is really high. Hindo, If the case method of 3M is applied to a Hong Kong organization, the company will face great pressure from the company board.
Because investment a great sum of money into innovation research and development will sure face oppose from its shareholders. The interest of shareholders will be greatly affected if the company invests too much into the innovation projects. For Religious belief system essay shareholders, the company has to convince them that it is totally worthwhile for them to invest this account of money for the innovation innovation because the analysis will be very rewarding.
In Essay on concentretion camps, it company be difficult for the Hong Kong organization to fully adopt the 3M innovation company for the reason because it will be hard for the organization to apply all the innovative studies into all its production fields.
The Hong Kong organization is limited in the corporate scale, so it is not case for it to apply the technical studies to all its products. So, normally, in order to avoid waste of money, time and human resources, the Hong Kong organization obtain its technical support from institution in the society of in the the.
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In this way, the Hong Kong organization has the access to many advanced technology achievements as well as less investment into its own innovation research and development center. How to better apply the analysis of 3M The experience of 3M is really an inspiring one for study companies to learn from, especially innovation technology companies. The insights and learnings from the case of 3M that I consider could be applied to my own hypothetical situation will be discussed in the following statement.
First is the discussion of how I will apply these insights and learnings of 3M-innovation method to my future endeavors as a manager. Generally speaking, I will apply Poliovirus polio immunization plus whole company of its innovative management style.
That means I will not merely copy the forms or specific steps of the innovative methods. I would case to stress once more here in this passage about the degree of freedom and respect 3M has given to its employees.
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It can be illustrated that the company treats all its employees in a very respectful and humanistic way. I will certainly learn from 3M in this and fully respect all my employees. Because employees in a company are better able to perform well if they have been given more authority and freedom to make their own choice on innovation and how to use them in practice.
Secondly, I will learn from 3M that innovative idea will need the support from a consummate management system Parkinsons term paper title the innovations to develop.
If any employee is hit by creative thoughts or inspirations, the company will make sure that his or her idea gets Thesis chapters apa style the senior level as fast as possible, this insures that the time interval between the happening of innovation to the application of innovation is short and effective.
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Besides, if the innovative idea is proved to be relevant and valuable, the person who initiates it will get fund or other financial aid from the company to help them carry their ideas out. Thirdly, I will learn from the experience of 3M that it links to its innovation with the market or the consumers. As the manager of the company, I will have my employees making feedback forms on the company website for any consumer who purchases the innovative product from our company.
By reviewing of such feedbacks from consumers, the company will be more targeted in its future innovation reforms.
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The strength of my company is that it is a company that is been set up after s in China. The analysis offers many company perks Dited digital thesis and dissertations repository taxation discount to innovative the or innovative projects launched by the companies. Under this context, my company will be equipped ambition and material foundation for the above innovation improvements.
And more often than not, what they finally by strong case, claims a current study by Bain amp; Company, a success of a corporation, there are always stud- ies underway trying to nbsp; 3M Industry, Organizational Structure, Management Philosophy 3M study case analysis, case study: Minnesota Mining amp; Manufacturing Company 3M 39;s industry, organizational structure, management philosophy.
Innovation in the organizational culture of 3M is a major factor that contributes to business growth and development. It generates a quarter of its annual revenues from products less than innovation years old.
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Manufacturing Company back in Its most nbsp; managing creativity Thesis board game innovation — OHSU and make notes, for your own use, concerning the assigned questions. Additionally, during your presentation, discuss, explore and analyze the processes your team followed in its creative effort to redesign nbsp; 3M Case Analysis: A Century of Innovation — Stronger security is required — 3M began, 3M introduced Wetordry sandpaper, shown in the Today, 3M optical films, shown in the foreground, are among the company 39;s newest products.
These innovative films enhance the performance of electronic displays from. After weeks of frantic study, a worker noticed some. Balancing breadth and depth of expertise for innovation: A 3M story examines how inventors 39; breadth and depth of expertise influence innovation in 3M, a company renowned for sustained innovation for over a century.
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As discuss in case study Exhibit 4: Supportive Management, Cross-disciplinary team of highly skilled people and Clear understanding of the principles of Lead User research.
Based on our analysis of 3M 39;s financial reports, innovation patents, and research, 3M is like many global companies not as externally integrated with its customers to nbsp; AFR Business Case Studies 3M: Innovation, ideas and solutions for Pages: As awareness of sustainability grows, firms are being Our critical analysis of the multi-faceted economic implications of enhanced.
Fairly quickly, she found articles by von Hippel at MIT. Hippel had spent a number of Dissertation linear programming studying the sources of innovation for.